Crescent City, Florida.
Typical home $208,987 (-2.3% in a year). Palatka, FL metro.
to buy the typical home at today's mortgage rate — +$615 (+128%) since Jan 2020.
- 1 year
- Down $4,823 -2%
- $213,810$208,987 since Sep 2025
- 5 years
- Up $24,098 +13%
- $184,889$208,987 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Crescent City$1,097
- Florida$1,970
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 28 years.
Typical home values in Crescent City, FL fell 2.3% over the past year — slower than the nation's +1.2%.
Living in Crescent City, Putnam County, Florida
Crescent City is a city of 1,654 people in Putnam County. Half its households earn more than $33,971 a year and half less, against $47,934 across Putnam County. 58% of its homes are lived in by their owners and 42% are rented. Unemployment in Putnam County was 5.6% in August 2026, and the county had 1.7% more jobs in 2025 than the year before. The most residents work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Crescent City is a small city in Putnam County, Florida, with Crescent Lake in or beside town. Household incomes here are well below the county's, and homes are lived in by their owners more often than not. Winters are mild and summers are hot, with little or no snow and a fair amount of rain through the year.
Work. Residents work mostly in schools, hospitals and social care, followed by professional and business services and the building trades. Across Putnam County, the largest workplaces include Putnam Schools, HCA Florida Putnam Hospital and Saint Johns River State College. Fewer adults here hold a four-year degree than in many places, and the usual trip to work is a long one, though a fair number of people work from home.
Things to do. Crescent Lake sits in or beside town, and Haw Creek Preserve State Park, a protected area, is a short drive away. Welaka National Fish Hatchery, an aquarium, is also a short drive away. For a longer outing, Lake George is a longer drive away.
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- 672households
- 16%of adults have a degree
- 33 mintypical commute
- 19%work from home
What residents work in
Employed residents by industry, from the Census survey. Putnam County had 17,617 jobs in 2025, 1.7% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 68° and lows near 47°; warmest in July, with highs near 91° and lows near 74°. About 50 inches of rain a year, and little or no snow.
Average daily high and low, 1991–2020, at the Crescent City weather station, under a mile away (NOAA).
Largest employers in Putnam County
- Putnam County School District (K-12)1,527
- Georgia -Pacific, Palatka Operations982
- Putnam County Government756
- St. Johns River State College489
- Wal-Mart408
- Putnam Community Medical Center378
- Eaze Florida LLC360
- St. Johns River Water Management District321
From Putnam County’s annual financial report for 2025, its schedule of principal employers (its source: “FYE 2024 - Sources & Notes:”), as Florida’s Auditor General publishes it: the report. Employees as the report counts them.
Natural hazards
- HurricanesRelatively high
- LightningRelatively high
- WildfireRelatively moderate
- Strong windRelatively moderate
- TornadoesRelatively moderate
- Inland floodingRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Crescent City’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Putnam County and the Palatka, FL metro.
Crescent City home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Crescent City$208,987
- Florida$375,361
- United States$366,157
Sellers are cutting prices on about 1 in 5 Crescent City listings — the market is heating up.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Crescent City20.58%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Crescent City44
New listings per month
Sellers arriving at the market.
- Crescent City5
Zip codes with a Crescent City address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Crescent City — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.